Guest: 00:00 How’re you doing
Justin: 00:00 Good
Guest: 00:01 I know, I know we’re not supposed to co-sign for a loan, and I’ve heard you guys say it
Brian: 00:04 Okay, well you know the three rules of co-signing?
Guest: 00:06 Three years ago. Yeah. You get to get hammered in the end.
Brian: 00:10 Yeah. Yup. So what happened?
Guest: 00:13 Her car, her car’s up. She can’t afford it. She messed up her credit. She’s over on her mileage. I co sign for this loan. Can they come after me for the car.
Brian: 00:22 Yes
Justin: 00:22 Absolutely. They’re not coming after you for the car. They’re gonna come after you for whatever’s owed.
Brian: 00:26 Yes.
Justin: 00:27 Call them. Try to negotiate something out or file bankruptcy. But yeah, they can absolutely come after both of you
Brian: 00:33 Is this your daughter that did this?
Guest: 00:35 Yeah, it’s my daughter
Brian: 00:35 Happy father’s day.
Guest: 00:38 Yeah, that’s what I said. Talking to me right now cause we’ve been ended up buying the car and then selling it.
Brian: 00:44 Listen, just just, just, just recognize her heart was in the right place. She didn’t mean to dad.
Justin: 00:50 Hey James, give me a,
Guest: 00:51 Yeah
Justin: 00:51 Uh did you give your number to Percy?
Guest: 00:54 Yeah.
Justin: 00:54 Okay. I’ll give you a call after the show. Cause certain creditors have a different ways about maybe resolving these that I can talk to you about off the air. Okay.
Guest: 01:01 All right.
Justin: 01:02 Okay. Thanks James.